Centrus Energy finalizes contract for $1B HALEU plant build in Ohio with Fluor as EPC, while Urenco USA eyes 2027 start of big expansion in New Mexico .
Urenco USA plans a privately funded multibillion-dollar expansion of the only US commercial uranium enrichment facility, increasing low enriched uranium production by 50%, in broader effort to strengthen nuclear fuel supply for next gen advanced power plants.
Three companies gain ten-year task orders to create new supply chains and
innovations to manufacture low-enriched uranium and high-assay low-enriched uranium for
nuclear power generation.
General Matter, a nuclear energy firm, has signed a lease with the U.S. Energy Dept. to build a $1.5-billion commercial uranium enrichment facility at a former federal production site in Paducah, Ky.
President invoked the Defense Production Act to strengthen the domestic supply chain, as senators and industry debated strategies and risks to cut reliance on Russia, China and other “unreliable foreign sources” for key metals needed in U.S. manufacturing, clean energy.